Press release
Automotive Near Field Communication (NFC) Market Growth to Reach US$ 8240.80 Million by 2029 | CAGR of 30.42%.
Data Bridge Market Research analyses that the automotive near field communication (NFC) market was valued at USD 984.5 million in 2021 and is expected to reach USD 8240.80 million by 2029, registering a CAGR of 30.42% during the forecast period of 2022 to 2029.
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Market Overview:
NFC (Near Field Communication) in automobiles is a two-way communication technology that permits communication or interaction between two devices within a few centimetres of one other. It's a straightforward method of transmitting data across devices. The vehicle user can utilize NFC to customize their vehicle environment, such as changing the lighting and air conditioning.
Some of the major players operating in the automotive near field communication (NFC) market are:
• Broadcom (US)
• 3M (US)
• Texas Instruments Incorporated (US)
• Telit (UK)
• STMicroelectronics (Switzerland)
• Sony Corporation (Japan)
• AVERY DENNISON CORPORATION (US)
• SAMSUNG (South Korea)
• Panasonic Corporation (Japan)
• Alpine Electronics Inc. (Japan)
• NXP Semiconductors (Netherlands)
• Polaris Industries, Inc (US)
• FeliCa Networks, Inc (Japan)
• CCL Industries (Canada)
• LINTEC Corporation (Japan)
• Robert Bosch GmbH (Germany)
• Telefonaktiebolaget LM Ericsson (Sweden)
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An absolute way to predict what the future holds is to understand the current trend! Data Bridge Market Research presented itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are committed to uncovering the best market opportunities and nurturing effective information for your business to thrive in the marketplace. Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process. Data Bridge is a set of pure wisdom and experience that was formulated and framed in 2015 in Pune.
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